Crypto Panic Peaks: Market Fear Dwarfs FTX Crash Fallout
In the ever-evolving landscape of the cryptocurrency market, a recent trend has emerged that has captured the attention of both investors and analysts alike The Fear & Greed Index, a barometer of market sentiment, has experienced a significant drop, reaching a critical level of 17 out of 100, indicating a climate of "Extreme Fear " This shift suggests a profound sense of pessimism and apprehension amongst market participants, reminiscent of the challenging periods the crypto industry has faced in the past The Fear & Greed Index's Dramatic Decline The Fear & Greed Index is a composite indicator used to analyze the emotions driving the cryptocurrency market By aggregating data from various sources such as volatility, trading volume, and social media sentiment, it provides a numerical value between 0 and 100, where 0 signifies extreme fear and 100 represents extreme greed...
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